Opening a Bank Account in Azerbaijan

17 January 2024by info@acon.az2

2 comments

  • Alina Zayko

    15 April 2024 at 13:53

    Could you please clarify: as I understand under the local regulation the foreign company can not open the bank account in Azerbaijan. Ie. company registered in UAE can not open account in any banks of Azerbaijan. Only if the branch/rep office/subsidiary is registered. Correct?

    Reply

    • info@acon.az

      15 April 2024 at 23:41

      Dear Alina Zayko, According to local legislation, only branches or subsidiaries of foreign companies can open bank accounts in Azerbaijan

      Reply

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